With increasing globalization and related upsurge in international trade and finance, there has been an increased demand for corporate finance and a higher degree of sophistication in service delivery. Traditional financing that relied heavily on the credit-worthiness of the borrower, a strong balance sheet and a fair country risk profile has also been exposed as anti-commerce.

Corporate finance is a specialized funding structure that removes all these barriers by relying solely on the soundness and merits of the transaction in question. Specifically, the transaction is structured in such a way that repayment of the loan is made from the transaction proceeds while the project’s assets, rights and interests held as collateral security. Put differently, corporate finance is the art of transferring credit risks from parties less able to bear those risks to those more equipped to bear them in a manner that ensures automatic reimbursement of advances from underlying assets

At FinBank, we have developed a wide range of appropriate financial solutions to meet our customers’ sophisticated requirements in corporate finance. These solutions include:

• Appropriate financing for our clients’ wholesale trade requirements
• Requisite import finance, structured to meet our customers’ US$ financing needs at competitive rates
• Letter of credit confirmation facilities
• Invoice discounting and receivables financing
• Export financing for confirmed transactions
• Project financing
• Offshore bonds and guarantees
• Financial and capital structures

In conjunction with diverse multilateral financial institutions, export-import banks, export credit agencies, development finance institutions and a host of other private fund providers, we are able to structure products that provide unique solutions to our clients’ needs. We are also seeking to strengthen our offshore financing base to afford us more capacity and leverage in securing and executing major transaction deals.

We have very distinct and resident competences in building structures that are capable of enhancing, isolating and applying predictable cash flows from underlying transaction assets in a manner that ensures automatic reimbursement of advances that financed the assets. Consequently, we are able to enhance uncertainty to an acceptable level of “certainty” and bring to the table a lot more bankable deals than would otherwise be the case.

We strongly remain committed to the development of the Nigerian financial markets by accessing offshore lines of credit and making such available to our valued customers which will significantly enhance economic growth, deepen credit creation, enable “difficult” deals to be structured and ensure a sophisticated market